Hilton Garden Inn to Open 60 Hotels in 2009

Officials of Hilton Garden Inn, the global brand of upscale, yet affordable hotels, today announced it remains on pace to reach near-record development numbers in 2009 with 60 new hotels expected to open and 200 hotel projects in the pipeline. This pace is slightly off 2008’s record-breaking openings, but is still one of the brand’s fullest pipelines of hotel projects approved, in design or under construction.
“The past 18 months have been the most challenging for hotel development in the brand’s 13-year history,” said Adrian Kurre, Global Head, Hilton Garden Inn. “Financing has been difficult, but our franchisees have found that strong brands with high consumer acceptance and a proven track record in all phases of the economic cycle still attract lender interest. The industry has not overdeveloped in this past cycle, compared to the past several decades, and even though demand has diminished temporarily, there is still a need for fresh new hotels in growing markets.”
Hotels set to open in late 2009 and 2010 include:
* Hilton Garden Inn New Delhi/Saket, India (4th Quarter 2009)
* Hilton Garden Inn Lecce, Italy (4th Quarter 2009)
* Hilton Garden Inn Kutahya, Turkey (1st Quarter 2010)
* Hilton Garden Inn Frankfurt Airport, Germany (2nd Quarter 2010)
* Hilton Garden Inn Krakow, Poland (2nd Quarter 2010)
* Hilton Garden Inn Mardin, Turkey (2nd Quarter 2010)
* Hilton Garden Inn Sanliurfa, Turkey (2nd Quarter 2010)
* Hilton Garden Inn Istanbul Bostanci, Turkey (2nd Quarter 2010)
* Hilton Garden Inn Konya, Turkey (2nd Quarter 2010)
* Hilton Garden Inn Riyadh Al Muroj, Saudi Arabia (3rd Quarter 2010)
* Hilton Garden Inn Rzeszow, Poland (3rd Quarter 2010)
@ Business Wire
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